Odysight.ai nine-month revenue $2.7M (+145% YoY); backlog record $16M; $10M+ defense contract

Odysight.ai Inc.

2024-Q3 EPS reported -$0.74 revenue$2,660,000

Revenue $2.7M for 9M 2024 vs $1.1M YoY, driven by higher unit sales to a Fortune 500 healthcare firm and Industry 4.0.
Gross profit $0.7M vs gross loss of $0.6M YoY; net loss $8.7M flat vs $8.8M.
Cash balance $21.2M; raised $10.3M in July private placement targeting Nasdaq uplisting.
Signed $10M+ purchase order with a leading international defense contractor for UAV lines; record backlog ~$16M.
Purchase orders from NASA, Safran, Israel Air Force (Apache, SH-60 Seahawk), and Israel Ministry of Defense.

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